Added zones,arrows,and lines. Dear MrTools, I love your work and this is a suggestion (and not at all any kind of criticism): If one takes into account how this indicator works (2 lines crossing and recrossing, tendentially going in opposite directions), a signal whenever the lines cross is a) almo...
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Corrected version with full price option and 8 average method.... I already wrote this to MrTools (about a similar indicator), so don't be angry if I repeat myself here. It is because I like this indicator but I don't think the signals are very good: This is meant as a suggestion (and not at all an...
I tried the indicator with different MA-entries etc
I don't experience the "blinking" you describe.
Probably - because I had something similar some time ago - there is an interference with another indicator that you use at the same time.
I make this version, you may try. Thank you, kvak, very interesting! First impression: it lags - as it must (smoothing) - but shows movements pretty well. In the upper subwindow I use smoothed LWMA (which seems to give an earlier signal than smoothed EMA; but, of course, therefore also more false s...
I think this indicator has excellent signals.
I changed the visuals a tiny little bit. I hope you (and MrTools) don't mind.
(Look, how perfectly it told you which way price would go:)
A great indicator!
Maybe kvak's version already has the best input but - as so often - I tried another one.
That way you can see the squeezes a lot better (but maybe I am wrong).
Try this T3_Clean. I really wish I'd understand what the fuss is about: T3 period 13 (light green) vs LWMA period 13 (blue) - try to get real (It reminds me of John Ehlers' efforts in the February 2022 issue of TASC, “An Elegant Oscillator: Inverse Fisher Transform Redux,”: to produce something tha...
Another version of ZZ Just saying; no offence: This has obviously nothing to do with kvak (who added a button) but as far as terminology goes, this indie is useless: Dow Theory: in an uptrend you have: higher highs (HH) and higher lows (HL) in a downtrend you have: lower lows (LL) and lower highs (...